Onchain Data Flags $1,300–$2,000 as Ether’s Key Demand Zone

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Onchain cost-basis metrics are reinforcing the idea that ETH is entering a heavy consolidation range. UTXO Realized Price Distribution (URPD) data shows large supply clusters above the current price, particularly at $2,822 and $3,119 — levels that could act as strong overhead resistance if price attempts a breakout.

Below spot levels, meaningful demand clusters appear at $1,881 and $1,237, highlighting $1,300–$2,000 as a critical zone where buyers may step in. Derivatives data adds another layer: liquidation heat maps show $4–$6 billion in long positions vulnerable down to roughly $1,455, suggesting sellers may still hunt liquidity lower. However, more than $12 billion in short liquidity sits above, extending toward $3,000 — meaning that once downside pressure is absorbed, a strong upside squeeze could follow in the months ahead.

[johnblockbuster]

long positions vulnerable to 1,455, shorts stacked to 3,000…crypto trading is basically sudoku with billions on the line